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Top Form International (HKSE:00333) Momentum Rank : 4 (As of May. 31, 2024)


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What is Top Form International Momentum Rank?

Top Form International has the Momentum Rank of 4.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Top Form International's Momentum Rank

For the Apparel Manufacturing subindustry, Top Form International's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Top Form International's Momentum Rank Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Top Form International's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Top Form International's Momentum Rank falls into.



Top Form International Momentum Rank Related Terms

Thank you for viewing the detailed overview of Top Form International's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Top Form International (HKSE:00333) Business Description

Traded in Other Exchanges
N/A
Address
33 Tseuk Luk Street, 7th Floor, Port 33, San Po Kong, Kowloon, Hong Kong, HKG
Top Form International Ltd is an investment holding company. The company designs, manufacture, and distributes ladies intimate apparel, principally brassieres. Geographically, it derives a majority of revenue from the United States of America and also has a presence in Belgium; Netherlands; Spain; France; Sri Lanka; Canada; People's Republic of China; Germany; Italy; Mexico; and other countries.
Executives
High Union Holdings Inc. 2401 A concert party to an agreement to buy shares
Triple Gains Ventures Limited 2401 A concert party to an agreement to buy shares
Chan He Lin 2401 A concert party to an agreement to buy shares
Wong Chung Chong 2401 A concert party to an agreement to buy shares
Wong Kai Chi Kenneth 2101 Beneficial owner
Wong Kai Chung Kevin 2101 Beneficial owner
Van De Velde Herman 2201 Interest of corporation controlled by you
Van De Velde N.v. 2101 Beneficial owner
Van De Velde Holding N.v. 2201 Interest of corporation controlled by you
Webb David Michael 2101 Beneficial owner
Triple United Investments Limited
Union World Holdings Limited

Top Form International (HKSE:00333) Headlines

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